TRX’s staking ratio recorded a marginal drop in the last 30 days. The number of stakers on the network declined by 2.89% since the launch of Stake 2.0. Recently Tron [TRX] launched Stake 2.0, a new staking mechanism aimed at minimizing the complexities of staking and resource management in the older system. Under the new […]
The overall staking rate of the network, or the amount of TRX staked as a percentage of its circulating supply, was 48.32% at the time of writing, as per Tronscan. Compared to the 30 days before, the staking rate of TRX was down by 0.350%. Notably, more than 43 billion tokens were staked into the network’s smart contracts.However, the launch of Stake 2.
0 failed to bring excitement to stakers as the total number of delegation addresses on the network declined by 2.89% in the last seven days, according to Staking Rewards.Tron has been witnessing high network traffic over the past 30 days, with the number of transactions increasing by over 9%. The number of daily transactions on the network reached a two-month high on 10 April, as per Tronscan, reflecting the growing appeal of the layer-1 blockchain.
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